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The NQF was introduced to help employers compare the many hundreds of qualifications available in England, Wales and Northern Ireland. Originally, the framework only went up to Level 5, but in 2004 the old Level 4 was subdivided into Levels 4, 5 and 6 and the old Level 5 was subdivided into Level 7 and Level 8. [26]
A national qualifications framework (NQF) is a formal system describing qualifications. 47 countries participating in the Bologna Process are committed to producing a national qualifications framework. Other countries not part of this process also have national qualifications frameworks.
exercise self-management within the guidelines of work or study contexts that are usually predictable, but are subject to change; supervise the routine work of others, taking some responsibility for the evaluation and improvement of work or study activities (UK) A-level, RQF level 3, Scottish Higher; [2] (Germany) Abitur, Matura.
National Diplomas can be used as an alternative to A-levels; students will study one subject for two years, instead of studying 2 or 3 A-level subjects. [3] One National Diploma is normally equivalent to 2 A-levels while a BTEC Extended Diploma is equivalent to 3 A-levels. [4] [5] National Diplomas can be used to apply to university. [6] [7] [8]
Sectors with the highest proportion of CFA Charter-holders [5] Sector % Portfolio Management 25% Research 12% Consulting 10% Chief level executive 9% Investment strategy 7% Risk management 7% Wealth management 5% Credit analysis 5% Trading 4% Accounting / audit 4% Financial planning 3% Others 9%
Most, but not all, professional qualifications are 'Chartered' qualifications, and follow on from having been admitted to a degree (or having an equivalent qualification). The term "professional qualification" can also be used to refer to higher-level vocational qualifications in "professional" roles. [3] [4]